Tax class selection in the year of payment
November 7, 2014 | 40,00 EUR | answered by Ralph J. Schnaars
Can my severance payment of 350,000 euros in January 2014 be exchanged according to the fifth regulation with tax class 1 by marrying someone with tax class 3, and when will the approximately 35,000 euros be refunded? Best regards
Dear inquirer,
If I understand you correctly, you received a severance payment in January 2014 and are considering getting married.
It should be noted that a prenuptial agreement can have not only tax benefits. However, if you marry in this year (by December 31, 2014 at the latest), you can take advantage of all the benefits of joint taxation and the splitting tax rate for all income in 2014.
Especially in your case, getting married in this tax year would be highly recommended, as the splitting tax rate would also apply to the special income in a more favorable way.
The offsetting of paid income taxes and the refund of overpaid taxes due to the severance payment is only possible as part of the income tax assessment for 2014.
The best course of action would be:
1) Marriage proposal
2) Marriage - by December 31, 2014 at the latest
3) Submission of the income tax return for 2014 on January 2, 2015, preferably in person at the tax office
This way, you will have done everything to quickly obtain a refund of overpaid taxes. However, I cannot predict the processing time for your tax return at your tax office, as this varies significantly from one tax office to another.
I hope I could help you with your considerations.
Best regards,
Ralph J. Schnaars
STWB Steuerberatungsgesellschaft mbH
Direct contact +49 (0)171 525 20 42
Email mail @ stwb-steuer.de
